SECTION 1. PURPOSE
Internal Revenue Bulletin 2008-29 · 2026-10-03 edition · updated 2026-10-04 · United States
This revenue procedure provides a procedure by which an issuer of a variable contract may remedy an inadvertent failure of a variable contract to satisfy the diversification requirements of § 817(h) of the Internal Revenue Code. Rev. Rul. 91–17, 1991–1 C.B. 190, is amplified; Rev. Proc.
92–25, 1992–1 C.B. 741, is superseded; Notice 2000–9, 2000–1 C.B. 449, is obsolete.
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